Originally Posted by
biker
Luke Moriarty though, did stress at the RBC ASM how good the clearwood business is and that they would be more than happy to hold onto it if there wasn't a buyer. On that basis alone, you would have to assume the price is being set at an attractive level for Tenon.
What a strange announcement on Friday night. After years of talking up the TEN share price, now they are talking it down and simply stating again what the market has already had very clearly spelt out to it previously.
It has the appearance of feeling obligated to make a statement-
as if anticipating an accusation of not keeping the market informed.
And, if they really wanted it to be noticed, why not wait until Monday morning?
Very odd indeed.